2023 Lowell Debt Collection
Lowell debt collection is a UK-based company that collects debt on behalf of its clients, who are generally lenders of credit such as loans, credit cards, store cards, overdrafts, gas and electric utility bills and communication suppliers. Lowell Debt Collection purchases overdue debts from creditors and can even collect on behalf of itself.
Lowell Financial, Lowell Portfolio, Lowell Group Debt Collection, and Lowell Debt Collection are trading names that can be used when recovering debts, which can sometimes be confusing for individuals looking for debt help and advice.
Dealing with Lowell Debt Collection may seem scary, but they work towards an arrangement that may work well for you and your debtors.
It is important to note that Lowell is a genuine firm registered at companies’ house in the UK and regulated by the financial conduct authority.
Why is Lowell Debt Collection contacting you?
The Lowell Group will contact you as you have failed to maintain the repayments to credit, and Lowell Debt Collection has stepped in to help recover the debt.
You likely have unsecured debt, and Lowell’s debt collection agency purchased it to collect it from you.
Lowell Debt Collection purchases debts from other organisations such as lenders of loans, credit cards, store cards, overdrafts, gas and electric utility bills and communication suppliers, so the money you owe will generally be originally owed to a different company. So just because you’ve never heard of Lowell doesn’t mean you don’t owe them. As mentioned previously, Lowell Financial is the company that will usually contact people to collect debts.
Dealing with Lowell debt collection can be a difficult and stressful process. Here are some steps you can take to address the debt:
- Verify the debt: Before taking action, ensure that the debt is legitimate and that you are responsible. Lowell should be able to provide you with documentation that shows the original creditor, the amount of debt, and the date it was incurred.
- Communicate with Lowell: Once you have confirmed the debt, reach out to Lowell and try to negotiate a payment plan or settlement. Lowell may be willing to work with you to come up with an affordable solution.
- Get everything in writing: Any agreements or payment plans made with Lowell should be in writing, and you should keep records of all correspondence.
- Seek professional help: If you’re having trouble communicating with Lowell, you may want to seek help from a debt advisor.
- Be aware of your rights: Under the FCA, Lowell must act within the regulations. Lowell must treat you fairly and not harass you; they should not contact you at inconvenient times or places and must tell you about any charges and interest.
It’s important to remember that ignoring the debt will not make it go away. The sooner you address it, the better your chances of dealing with the situation.
What Happens If You Ignore Lowell Debt Collection?
They could take you to court if you do not acknowledge their letters, phone calls, or emails. The judge will decide whether you owe the debt and could issue a court order forcing you to pay.
The balance of your debt owed could go up due to fees and interest if you keep ignoring them. If you get in touch and ask for some time to explore your options, they might pause any debt interest.
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Lowell Debt Collection Frequently Asked Questions (FAQs):
Question: Who are Lowell Debt Collection?
Answer: Lowell Debt Collection is a debt collection agency in the UK that specialises in buying and collecting debts from various creditors.
Question: What types of debts does Lowell Debt Collection collect?
Answer: Lowell Debt Colollects various debts, including credit card debts, personal loans, and mobile phone contracts.
Question: What should I do if I receive a letter from Lowell Debt Collection?
Answer: If you receive a letter from Lowell Debt Collection, it’s important to read it fully and understand the debt that they are claiming. You can also request proof of the debt if you need clarification.
Question: Can I negotiate a payment plan with Lowell Debt Collection?
Answer: Yes, you can negotiate with Lowell Debt Collection if you’re unable to pay the full amount owed. It’s important to be clear about your financial situation and what you can afford to pay.
Question: What if I dispute the debt that Lowell Debt Collection is claiming?
Answer: If you dispute the debt that Lowell Debt Collection is claiming, you can request proof of the debt and dispute it if you believe it’s not valid. You can also seek advice from a free debt advice service or a legal professional.
Question: Can Lowell Debt Collection take legal action against me?
Answer: Lowell Debt Collection can take legal action against you if you don’t pay the debt or make arrangements to pay. This can include obtaining a court order for payment or taking action to recover assets.
Question: What are my rights when dealing with Lowell Debt Collection?
Answer: As a debtor, you have legal rights to request proof of the debt, and right to dispute the debt, the right to request proof of the debt, and the right to complain if you feel that they have acted unfairly.
Question: What should I do if I struggle to pay the debt?
Answer: If you’re struggling to pay the debt, it’s important to seek advice from a debt advice service. They can help you negotiate a payment plan, explore other options, and provide support.
Question: Can Lowell Debt Collection report the debt to credit reference agencies?
Answer: Yes, Lowell Debt Collection can report the debt to credit reference agencies, which can affect your credit score and ability to obtain credit in the future.
Question: Can I stop Lowell Debt Collection from contacting me?
Answer: You can ask Lowell Debt Collection to stop contacting you, but they may continue to contact you to obtain payment or take legal action. It’s important to seek advice and make arrangements to pay the debt if you’re able to.
Question: Can Lowell Debt Collection visit my home?
Answer: Lowmusttion can visit your home, but they are required to provide notice of their visit in advance. They cannot enter your home without permission or a court order.
Question: What happens if I ignore the debt that Lowell Debt Collection is claiming?
Answer: If you ignore the debt, Lowell Debt Collection may take legal action against you to recover the debt. This can include obtaining a court order if Lowell Debt Collection is harassing me.
Question: What if I’m being harassed by Lowell Debt Collection?
Answer: If you feel that Lowell Debt Collection is harassing you, you can complain to them directly, seek legal advice, or contact a debt advice service.
Question: Can Lowell Debt Collection add fees or interest to the debt?
Answer: Lowell Debt Collection can add fees and interest to the debt, but they are required to provide notice of any additional charges. You can dispute any fees or interest that you believe are unfair or unreasonable.
Question: What happens if I’m declared bankrupt or enter into an individual voluntary arrangement (IVA)?
Answer: If you’re declared bankrupt or enter into an IVA, the debt that Lowell Debt Collection is claiming may be included in the proceedings. It’s important to seek advice from a professional advisor who can provide guidance on the best course of action.
Question: Can I pay the debt directly to the original creditor?
Answer: It is possible to pay the debt directly to the original creditor, but you should let Lowell Debt Collection know that you have done so. This can help avoid any confusion or further action by Lowell Debt Collection.
Question: What if I’m being chased for a debt that I’ve already paid?
Answer: If you’re being chased for a debt that you’ve already paid, you should contact Lowell Debt Collection and provide proof of payment. You should also contact the original creditor to ensure that the debt is marked as paid.
Question: What should I do if I receive a court summons from Lowell Debt Collection?
Answer: If you receive a court summons from Lowell Debt Collection, it’s important to seek legal advice or contact a free debt advice service as soon as possible. They can provide guidance on what to do next and represent you in court if necessary.
You can check to see if you qualify for debt help by speaking with a Personal Finance Manager; click here to Apply Online.
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Which Debt Plans apply to you?
We assess your circumstances based on your individual circumstances and will assess for all available debt advice solutions.
Please find below a list of debt solutions we will evaluate for:
- Debt Management Plan (DMP) – Information on a debt management plan
- Individual Voluntary Arrangement (IVA) – Information on an IVA
- Debt Relief Order (DRO) – information on a DRO
- Bankruptcy – information on Bankruptcy
If you have used our online application form, we will contact you to run through your income and outgoings and discuss your options so you can make an informed choice. At Debt Support Direct, we offer all statutory debt solutions in England, Scotland, Wales, and Northern Ireland so that you can choose the debt solution tailored to you and your circumstances.
If you have an attachment of benefits and have chosen the debt solution that you feel is the most appropriate, there will be some paperwork to fill in to put the debt solution programme in place.
Our debt advice is free, non-judgmental, and friendly, so if you are struggling with debt, speak to one of our experienced debt experts for a confidential chat on 0161 549 9848.
Free and impartial money advice is available from the Money Helper, an organisation set up by the Government for people in debt.
Important Information
Debt Support Direct does not administer any debt solutions; we will assess your debts, circumstances and affordability and signpost you to an organisation or charity that can set up and help the debt plan you decide suits your circumstances.
All debt solutions should be very carefully considered. Some providers may charge fees if a solution is taken; if applicable, these will be outlined during your consultation.
Your ability to obtain further credit in the short term will likely be affected, which may also be the case over the medium to long term. Calls from mobile phones and other networks may be charged to our free phone number.
The Financial Conduct Authority regulates Ruby Holdings Limited, trading as Debt Support Direct. We can offer debt advice for both formal and informal solutions. All debt solutions must be carefully considered, and you must take independent advice.
There are sources of free debt advice and services. You can find out more by contacting the Money Helper on 0800 138 7777 or visiting moneyhelper.org.uk
Here are some links to UK debt charities that can provide help and advice on managing debt:
Please carefully read the information on these websites to understand what services they offer and if they would fit your needs. Reaching out for help as soon as you start having difficulties managing your debts is important. These organisations can help you understand your options and work with you to develop a plan to get back on track.
